PARIS (Reuters) - Carmaker Renault and its partners Valeo and Valeo Siemens eAutomotive announced plans on Thursday to develop and make a new-generation automotive electric motor vehicle in France.
PARIS (Reuters) – Carmaker Renault and its partners Valeo and Valeo Siemens eAutomotive announced plans on Thursday to develop and make a new-generation automotive electric motor vehicle in France.
The companies said they would be the first to mass produce a 200kW electric motor without using rare earths, starting in 2027. Production of the motor for the automaker’s own needs will be based at Renault Group’s Cléon plant in Normandy, France.
(Reporting by Sudip Kar-Gupta; Editing by Clarence Fernandez)
Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn more about Thomson Reuters products: